SGI News
Apr 5, 2024 · Plunging equipment and apparel sales pulled the top line down to $58,567.2 million from $59,509.8 million in the Holiday quarter at the 54 public companies we track, but better profits in the footwear and retail sectors boosted aggregate net income to $2,757.3 million from $2,507.0 million.
SGI News
Sep 20, 2024 · The luxury sneaker brand’s adjusted EBITDA was up 12% in the first half to €109.2 million ($117.4 mm) on 12% higher sales of €307 million ($330.1 mm), driven by direct-to-consumer, which was up 18% year-over-year in the Americas and EMEA.
SGI News
Jun 12, 2024 · Net income at the sports apparel maker declined 10% to HK$263,510,000 ($33.7 mm) in the fiscal year ended Mar. 31 from HK$292,639,000 prior, on revenues that inched up 1% to HK$4,074,668,000 ($521.1 mm) from HK$4,051,107,000.
SGI News
Oct 24, 2024 · Net income increased 16% to $193,221,000 from $165,926,000 on record third-quarter sales of $2,347,705,000, also improving 16% from $2,024,958,000, as wholesale rebounded across regions and direct-to-consumer stayed positive on top of tough comps, offsetting the ongoing softness in China.
SGI News
Dec 5, 2023 · Net income dropped 77% to $10,205,000 in the third quarter from $45,171,000 on sales that were down 9% to $786,329,000 from $865,020,000, including total comps that declined 9.3%.
SGI News
May 11, 2023 · Net income was cut 59% to $10,564,000 in the first quarter from $25,659,000 on net sales that were up 3% to $302,796,000 from $293,628,000, despite a $16 million hit from the stop-sale on recalled soft coolers.
SGI News
Nov 21, 2022 · Net income attributable to shareholders jumped 43% to HKD 239,111,000 ($30.5 mm) from HKD 167,676,000 in the fiscal first half ended Sep. 30, as revenues grew 26% to HKD 2,547,555,000 ($324.5 mm) from HKD 2,018,830,000, rebounding from last year’s Vietnam factory closures.
SGI News
Jul 19, 2021 · The Chinese footwear manufacturer said sales hit $383.9 million in the June quarter, up from $247.8 million last year, including a 54% gain in pairs to 14.5 million and ASP that inched up less than a percent to $26.50 per pair.
SGI News
Apr 27, 2023 · Rising costs related to elevated inventory levels sent net income down 31% in the first quarter to $46,202,000 from $66,837,000 despite 8% top line growth to $820,593,000, up from $761,510,000, boosted by pulled forward Columbia, Mountain Hardwear and prAna wholesale orders.
SGI News
SFIA: Tariff Relief Unlikely, but De Minimis Reform is Coming . The trend of all talk and no action continues on Capitol Hill around GSP and MTB renewal, while bills are lining up to rein in abuse of de minimis shipments, SFIA Legal Task Force member David Cohen shared in the industry group’s “Tariff Relief in 2024: Lowering Cost of Getting Imported Goods to Market” webinar.